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Performance appraisal software is a blanket term for tech solutions designed to streamline and speed up a company’s performance evaluation process. Any organization looking to streamline its employee performance review process should look for performance management software solutions that include employee review functions. Performance appraisal software can help with improving communication between management and employees, building a consistent employee review process, generating employee surveys, and other important evaluations of how employees and employers can work together to improve productivity and satisfaction.